Currently, there are 726.84M common shares owned by the public and among those 615.38M shares have been available to trade.
The company’s stock has a 5-day price change of 27.70% and -28.53% over the past three months. OPEN shares are trading -59.00% year to date (YTD), with the 12-month market performance down to -51.31% lower. It has a 12-month low price of $0.51 and touched a high of $3.09 over the same period. OPEN has an average intraday trading volume of 79.63 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 28.41%, 17.53%, and -41.31% respectively.
Institutional ownership of Opendoor Technologies Inc (NASDAQ: OPEN) shares accounts for 53.27% of the company’s 726.84M shares outstanding.
It has a market capitalization of $567.99M and a beta (3y monthly) value of 2.74. The earnings-per-share (ttm) stands at -$0.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 17.13% over the week and 10.16% over the month.
Analysts forecast that Opendoor Technologies Inc (OPEN) will achieve an EPS of -0.02 for the current quarter, -0.04 for the next quarter and -0.22 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.04 while analysts give the company a high EPS estimate of -0.04. Comparatively, EPS for the current quarter was -0.04 a year ago. Earnings per share for the fiscal year are expected to increase by 52.08%, and 4.35% over the next financial year.
Keefe Bruyette was of a view on December 13, 2023 that the stock is Mkt Perform, while Deutsche Bank gave the stock Hold rating on November 21, 2023, issuing a price target of $2.80. UBS on their part issued Neutral rating on September 29, 2023.
